C04491-2023

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Jun 7, 2023
2. SEC Identification Number
PW00000105
3. BIR Tax Identification No.
000-541-102
4. Exact name of issuer as specified in its charter
Philippine Trust Company, also known as PHILTRUST BANK
5. Province, country or other jurisdiction of incorporation
Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Philtrust Bank Building, 1000 United Nations Avenue corner San Marcelino Street, Manila Postal Code 1007
8. Issuer's telephone number, including area code
(02) 8524-9061
9. Former name or former address, if changed since last report
n.a.
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common shares 1,000,000,000
11. Indicate the item numbers reported herein
Item 4

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Philippine Trust CompanyPTC

PSE Disclosure Form 4-25 - Results of Organizational Meeting References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Organizational Meeting of the Board of Directors
Background/Description of the Disclosure

The Board elected the following Officers for the ensuing year 2023-2024 effective May 30, 2023 and reorganized the Board and Management Committees effective June 1, 2023.
List of elected officers for the ensuing year with their corresponding shareholdings in the Issuer
Name of Person Position/Designation Shareholdings in the Listed Company Nature of Indirect Ownership
Direct Indirect
Mr. Basilio C. Yap Chairman Emeritus 1,389,030 116,848,025 60% of Seabreeze Enterprises, Inc.
- - - 38,512,677 18.3504% of U.S. Automotive Co., Inc.
- - - 10,222 0.0038% of Philtrust Realty Corp.
Gen. Hermogenes C. Esperon, Jr. (Ret.) Chairman of the Board - 100 Thru PCD Nominee Corp.-Evergreen Stock Brokerage and Securities, Inc.
Dr. Jaime C. Laya Vice Chairman and President 33,325 - -
Sr. Justice Josue N. Bellosillo (Ret.) Vice Chairman of the Board and Corporate Counsel 1,512 - -
Dr. Emilio C. Yap III Vice Chairman of the Board 183,263 55,434,969 30% of Orient Enterprises, Inc.
- - - 19,864,164 10.2% of Seabreeze Enterprises, Inc.
- - - 13,569,179 6.4654% of U.S. Automotive Co., Inc.
- - - 2,690 0.0010% of Philtrust Realty Corp.
Mr. Carlos A, Pinpin, Jr. Senior Executive Vice President - 100 Thru PCD Nominee Corp.-Evergreen Stock Brokerage and Securities, Inc.
Atty. Agnes B. Urbano Asst. Corporate Secretary 6,671 - -
Atty. Renniel C. Mailom Asst. Corporate Secretary 0 - -
List of Committees and Membership
Name of Committees Members Position/Designation in Committee
Executive Committee Dr. Jaime C. Laya Chairman
Executive Committee Gen. Hermogenes C. Esperon, Jr. (Ret.) Member (Independent Director)
Executive Committee Sr. Justice Josue N. Bellosillo (Ret.) Member
Executive Committee Dr. Emilio C. Yap III Member
Executive Committee Mr. Carlos A. Pinpin, Jr. Member
Executive Committee Ms. Miriam C. Cu Member
Executive Committee Mr. Ernesto O. Chan Member
Trust and Investment Commitee Chief Justice Hilario G. Davide, Jr. (Ret.) Chairman
Trust and Investment Commitee Dr. Jaime C. Laya Member (President)
Trust and Investment Commitee Mr. Calixto V. Chikiamco Member
Trust and Investment Commitee Mr. Carlos A. Pinpin, Jr. Member
Trust and Investment Commitee Mr. Pompeyo A. Claveria Member (Trust Officer)
Audit Committee Dr. Beatrice Jane L. Ang Chairman (Independent Director)
Audit Committee Gen. Hermogenes C. Esperon, Jr. (Ret.) Member (Independent Director)
Audit Committee Mr. Ernesto O. Chan Member
Board Risk Oversight Committee Mr. Calixto V. Chikiamco Chairman (Independent Director)
Board Risk Oversight Committee Chief Justice Hilario G. Davide, Jr. (Ret.) Member
Board Risk Oversight Committee Dr. Beatrice Jane L. Ang Member (Independent Director)
Corporate Governance, Nomination and Remuneration Committee Gen. Hermogenes C. Esperon, Jr. (Ret.) Chairman (Independent Director)
Corporate Governance, Nomination and Remuneration Committee Mrs. Maria Georgina P. De Venecia Member (Independent Director)
Corporate Governance, Nomination and Remuneration Committee Dr. Beatrice Jane L. Ang Member (Independent Director)
Corporate Governance, Nomination and Remuneration Committee Chief Justice Hilario G. Davide, Jr. (Ret.) Member
Corporate Governance, Nomination and Remuneration Committee Ms. Judy Rosario G. Cam, VP/CO Secretary
Related Party Transactions Committee Mrs. Maria Georgina P. De Venecia Chairman (Independent Director)
Related Party Transactions Committee Gen. Hermogenes C. Esperon, Jr. (Ret.) Member (Independent Director)
Related Party Transactions Committee Mr. Calixto V. Chikiamco Member (Independent Director)
Related Party Transactions Committee Chief Justice Hilario G. Davide, Jr. (Ret.) Member
Related Party Transactions Committee Ms. Judy Rosario G. Cam, VP Compliance Officer
Related Party Transactions Committee Ms. Amelita G. Cua, VP Internal Auditor
Anti-Money Laundering Committee (AMLCom) Atty. Jane L. Suarez, FVP Committee Head
Anti-Money Laundering Committee (AMLCom) Mr. George P. Castro, VP Asst. Committee Head
Anti-Money Laundering Committee (AMLCom) Mr. Cesar M. Esponilla, VP Member
Anti-Money Laundering Committee (AMLCom) Mr. Emmanuel M. Sales, SAVP Member
Anti-Money Laundering Committee (AMLCom) Mr. Edward Chan, AVP Member
Anti-Money Laundering Committee (AMLCom) Ms. Judy Rosario G. Cam, VP/CO Ex-Officio Member
Anti-Money Laundering Committee (AMLCom) Atty. Renniel C. Mailom, SAM/DPO Secretary
Asset-Liability Committee (ALCO) Mr. Benito D. Chua, Treasurer Committee Head
Asset-Liability Committee (ALCO) Ms. Luisa A. Lucin, SVP/CFO Asst. Committee Head
Asset-Liability Committee (ALCO) Mr. Benedicto F. Borlado, FVP Member
Asset-Liability Committee (ALCO) Ms. Josephine Y. Ang, VP Member
Asset-Liability Committee (ALCO) Mr. Cesar M. Esponilla, VP Member
Asset-Liability Committee (ALCO) Mr. Michael M. Boado, AVP Member
Asset-Liability Committee (ALCO) Ms. Genevieve Ann B. Angsanto, AVP Member
Asset-Liability Committee (ALCO) Robert L. Lim, SAVP Ex-Officio Member
Asset-Liability Committee (ALCO) Ms. Judy Rosario G. Cam, VP/CO Ex-Officio Member
Personnel Management/Employee Benefits and Ethics Committee Ms. Cherry M. Lim, VP Committee Head
Personnel Management/Employee Benefits and Ethics Committee Atty. Jane L. Suarez, FVP Asst. Committee Head
Personnel Management/Employee Benefits and Ethics Committee Mr. Patricio A. Picazo, VP Member
Personnel Management/Employee Benefits and Ethics Committee BGen. Ramiro G. Busalanan (Ret.), VP Member
Personnel Management/Employee Benefits and Ethics Committee Mr. Edward Chan, AVP Member
Personnel Management/Employee Benefits and Ethics Committee Ms. Rosemarie N. Lee, AVP Member
IT Management Committee Mr. George P. Castro, VP Committee Head
IT Management Committee Ms. Luisa A. Lucin, SVP Asst. Committee Head
IT Management Committee Atty. Nemesio M. Domingo, FVP Member
IT Management Committee Mr. Robert L. Lim, SAVP Member
IT Management Committee Mr. Roselo D. Pamaylaon, AVP Member
IT Management Committee Mr. Edward Chan, AVP Member
IT Management Committee Atty. Renniel C. Mailom, SAM/DPO Ex-Officio Member
IT Management Committee Ms. Baby Myra A. Ong, SM Secretary
IT Management Committee Ms. Amelita G. Cua, VP Observer (Audit)
IT Management Committee Ms. Judy Rosario G. Cam, VP Observer (Compliance)
IT Management Committee Mr. Michael M. Boado, AVP Observer (Risk)
IT Management Committee Mr. Al Jan Yap Consultant/Adviser
Credit and Loan Review Committee Atty. Nemesio M. Domingo, FVP Committee Head
Credit and Loan Review Committee Atty. Jane L. Suarez, FVP Asst. Committee Head
Credit and Loan Review Committee Ms. Josephine Y. Ang, VP Member
Credit and Loan Review Committee Ms. Ely J. Gacute, SAVP Member
Credit and Loan Review Committee Ms. Juliet D. Dorol, SM Member
Credit and Loan Review Committee Mr. Benjamin P. Santander, AVP Secretary
Health and Safety Committee BGen. Ramiro G. Busalanan (Ret.), VP Committee Head (CSO)
Health and Safety Committee Ms. Cherry M. Lim, VP Asst. Committee Head (Personnel)
Health and Safety Committee Ms. Georgiana N. Abellana, SAVP Member (Property)
Health and Safety Committee Mr. Nikki Carlo C. Alvarez Member (Union President)
Health and Safety Committee Ms. Ronalyn J. Obispo Member (Union Member)
Health and Safety Committee Ms. Carla-Mae D. Anchilo Member (Union Member)
Health and Safety Committee Mr. Judy Boy V. Olvida Member (Union Member)
Health and Safety Committee Ms. Lorraine T. Tan, RN Member (Registered Nurse)
Health and Safety Committee Mr. Abraham Paul L. Acelajado Member (Safety Officer)
Health and Safety Committee Ms. Barbara Ann P. Nasal Member (Safety Officer)
Health and Safety Committee Mr. Jun T. Magdaluyo Member (Safety Officer)
Contingency and Disaster Management Committee (CDMC) Mr. Michael M. Boado, AVP Committee Head
Contingency and Disaster Management Committee (CDMC) Mr. Edward Chan, AVP Asst. Committee Head
Contingency and Disaster Management Committee (CDMC) Ms. Luisa A. Lucin, SVP Member
Contingency and Disaster Management Committee (CDMC) BGen. Ramiro G. Busalanan (Ret.), VP Member
Contingency and Disaster Management Committee (CDMC) Ms. Cherry M. Lim, VP Member
Contingency and Disaster Management Committee (CDMC) Mr. George P. Castro, VP Member
Contingency and Disaster Management Committee (CDMC) Ms. Baby Myra A. Ong, SM Member
Contingency and Disaster Management Committee (CDMC) Ms. Joan S. Santos, AM Secretary
Contingency and Disaster Management Committee (CDMC) Ms. Amelita G. Cua, VP Observer (Audit)
Expected Credit Loss (ECL) Committee Mr. Roselo D. Pamaylaon, AVP Committee Head
Expected Credit Loss (ECL) Committee Mr. Benjamin P. Santander, AVP Asst. Committee Head
Expected Credit Loss (ECL) Committee Ms. Cristeneth R. Basnillo Member
Expected Credit Loss (ECL) Committee Ms. Jocelyn S. Catay Member
Expected Credit Loss (ECL) Committee Ms. Lily Natalia D. Ebriega Member
Expected Credit Loss (ECL) Committee Ms. Roe-Ann Mae T. Ramirez Member
Expected Credit Loss (ECL) Committee Mr. Josech A. Bonus Member/Secretary
List of other material resolutions, transactions and corporate actions approved by the Board of Directors

Please see attached list of Principal Officers of the Bank from Executive Vice President to Vice Presidents effective June 1, 2023
Other Relevant Information

The report is being amended to reflect the background of the newly appointed/designated Principal Officers and effectivity dates.

Newly appointed Vice President/Compliance Officer Ms. Judy Rosario G. Cam is a Certified Public Accountant. She was a Consultant, Regulatory Affairs Group of the Rizal Commercial Banking Corporation; Vice President and Chief Compliance Officer of RCBC Savings Bank; Assistant Manager of the Bank of Nova Scotia – Manila Offshore Branch and Senior Technical Staff of SGV & Co., CPAs. She graduated from University of San Carlos with a degree of BSC-Accounting, Magna Cum Laude. She took her Masters in Business Administration at Ateneo Graduate School of Business.

Newly appointed Vice President Patricio A. Picazo is a Fellow of Life Management Institute (FLMI), Life Office Management Association, Atlanta, Georgia, U.S.A. He is a Part-time Professor at UAP and an HR Management Consultant. He was VP, HR Division, RCBC Savings Bank; and Division Head, Personnel Collection DSI; among others. He graduated from Ateneo de Manila University with a degree of B.S. Psychology, Cum Laude.

Mr. Pompeyo Claveria is a Certified Public Accountant. Prior to his designation as Vice President/ Trust Officer, he was the Bank’s VP/Compliance Officer, after being AVP, Risk Management Unit; He rose from VP to Sr. FVP at The Real Bank; Manager to AVP of Philippine Savings Bank; and was an Examiner of the Central Bank of the Philippines.
Filed on behalf by:
Name Agnes Urbano
Designation First Vice President and Asst. Corporate Secretary